What is being pursued here is our right as citizens of a modern republic to the details of these huge expenditures of Public Money – the CL Financial bailout is costing some $24Bn, about $3.5Bn USD! – and the background to how critical legislative support is obtained. It is my view that S.34 was not the first time and that the spectre of ‘regulatory capture’, which underlines much of the discourse around the Great Depression 2, is in fact founded on a sinister degree of ‘legislative capture’.

Having had a series of ‘cat and mouse’ exchanges with the Ministry of Finance since my Freedom of Information Act application made on 11 May 2012, this is my pre-action protocol letter sent to them by my attorney on Thursday 7 March, seeking their proper reply in 7 days…that time expires at midnight today, Wednesday 13 March.

If you all think that crooks will let you see what they are doing. That is why they are called crooks they do things behind back and in the dark like cock roaches , no ACT no LAW , By next election people need to think and Vote different for Truth or just take what they vote for and pay the Bills that the crook create .

People can talk all they like about the USA but I like their policy that no one is above the law. The Caribbean is just ripe for exploitation because the politicians and high ranking government officials are so darn easy to bribe with dollars. And they do not have anything to worry about when it comes to the law because the law functions as their operatives who are the recipients of cash handouts and other perks. Man I wish we had someone like Afra Raymond fighting the causes of justice in my homeland.

The political system in the united state of America is fundamentally different from that of Barbados. In Barbados for example, the law emanates from a central government. Whereas in the united state of America, the law is dispense from the Federal, State, and Municipal governments.

Regardless of the level of government involved and the checks and balances supposedly in place, money laundering, fraud, stealing of people’s property, misappropriation of government funds, taking money for doing nothing etc should all be vigorously prosecuted, whereever and wherever it occurs.

Not only should these Federal Reserve representatives and Wall Street Bankers be in jail but so should the local caribbean Clico Gang and those that enabled them, including a solid representation from the legal and accounting professions and those elected officials who were responsible to safeguard the Public Trust.

Dodds should be fully represented
by those that steal millions and hundreds of millions of Dollars and continue to get away with it.

The US system does have its flaws too as pointed out by author James Howard Kunstler who seems a bit more pessimistic about the chances that laws will be impartiality applied when it comes to dealing with the 1%.

Fortress of Lies

History has a special purgatory where it sometimes stashes feckless nations punch drunk on their own tragic choices: the realm where anything goes, nothing matters, and nobody cares. We’ve surely crossed the frontier into that bad place in these days of dwindling winter, 2013.

Case in point: Mr. Obama’s choice of Mary Jo White to run the Securities and Exchange Commission. A federal prosecutor back in the Clinton years, Ms. White eventually spun through the revolving door onto the payroll of Wall Street law firm Debevoise & Plimpton, whose clients included Too Big To Fail banks JP Morgan, Bank of America, Morgan Stanley, and UBS AG, defending them in matters stemming from the financial crisis that began in 2008, as well as other companies that needed defending from allegations of financial misconduct, such as the giant HCA hospital chain (insider trading), General Electric (now a virtual hedge fund with cases before the SEC), and the German-based Siemens Corporation (federal bribery charges).

A republic with a sense of common decency — and common sense — would have stopped the nomination right there and checked the “no” box on Mary Jo White just for violating the most basic premise of credibility: that trip through the revolving door that shuttles banking regulators from the government agencies to the companies they used to oversee and sometimes back again.

Has there not been enough national conversation about the scuzziness of that routine to establish that it’s not okay? Does it not clearly represent the essence of dysfunction and corruption in our regulatory affairs? Didn’t President Obama promise to seal up the revolving door? So how could Mary Jo White possibly be taken seriously as a candidate for the job? And how is it possible that everyone and their uncle, from The New York Times editorial page to the Sunday cable news political shows to the halls of congress, is not jumping up and down hollering about this? Well, because anything goes, nothing matters, and nobody cares.

snip

As if that’s not enough, Ms. White’s husband, John W. White, is a partner at another giant Wall Street law firm, Cravath, Swaine & Moore, which frequently tangles with the SEC on behalf of its clients. Mr. White proposed to change his pay structure while his wife runs the SEC. More gales of laughter. He is also on the advisory committee of the Financial Standards Accounting Board, the group that oversees national accounting practices and which, in 2009, infamously changed its Rule157 so that TBTF banks could “mark to fantasy” the fraudulent CDOs and other bond-like “innovative” securities that they created — many of which they had to eat after the housing bubble bust when the collateral for these swindles lost its value and the “innovators” could no longer pawn the stuff off on credulous pension funds and other client “muppets.”

The silence over this disgraceful matter — and many others like it, including the dead hand in the empty suit posing as US Attorney General — indicates that not only is the rule of law extinct in this country, but so are public figures of principle and credible news organs. Nobody has made a noise about it. Anything goes, nothing matters, and nobody cares. So, the objection to it has to come from outside the authorized channels. And the consequences will mount outside the fortress of lies that the establishment has become.